QuintessenceLabs reels in A$25M to expand quantum cybersecurity reach

Quantum cybersecurity firm QuintessenceLabs has secured A$25m in financing as it pushes forward its aim to take quantum cybersecurity global.

Interac to acquire digital identity startup 2Keys

Digital payments platform Interac has acquired digital identity platform 2Keys to help Canadians boost security in online payments.

EBA launches consultation on role, responsibilities of AML/CFT compliance officers

The European Banking Authority (EBA) has issued a consultation on the role, tasks and responsibilities of anti-money laundering and counter-terrorism financing officers.

DataFleets bags $4.5m in seed capital

DataFleets has picked up $4.5m in new funding to further its efforts to enable databases to be accessed without companies running the risk of their data being compromised.

Saagie hauls in ?5M to help companies comply with GDPR

Saagie, a provider of a smart big data processing platform to help companies comply with GDPR, has raised ?5M in Series A+ funding.

The FCA slapped with £2,000 fine for not living up to staff pension rules

Following a year of controversies regarding the UK’s top financial watchdog, the body is now facing another setback.

TRAXX Payments has enlisted Acuant’s KYC solutions

Payment processing provider TRAXX Payments has tapped identity verification business Acuant to create a seamless digital know your customer (KYC) process for its clients.

CISA unveils tool to help organisations assess insider threat vulnerability risk

The US Cybersecurity and Infrastructure Security Agency (CISA) has released a tool that will allow organisations to assess vulnerability to insider threats and create defence plans.

InsurTech Waffle seeks expansion following $5m seed round

InsurTech Waffle seeks expansion following $5m seed round

The Financial Action Task Force slams Turkey for “shortcomings” in terms of fighting money...

Norway may have been given a thumbs up from the Financial Action Task Force (FATF), but Turkey is not as lucky as the organization outlines several failures to fight crime.

News Stories

Weekly FinTech funding falters after strong week

Weekly FinTech funding falters after strong week

Total funding took a nose dive from last week. A total of $580m was raised across 33 FinTech funding rounds this week, compared to the $1.8bn raised the previous week.  
Chinese

Microsoft uncovers Chinese cyberespionage on US Pacific territory

A Chinese cyberespionage initiative has been detected that focuses on the essential infrastructure within Guam by Microsoft. 
regulator

Regulatory oversight in the crypto realm: A deep dive into communication practices

As crypto firms face a challenges, regulators have launched investigations into companies' GRC arrangements.
Klarna's path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna’s path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna, the AI-enhanced global payments network and shopping service, recently unveiled its first-quarter results, showcasing impressive growth surpassing ecommerce trends.
Driving growth in WealthTech: The critical role of adaptive IT architecture

Driving growth in WealthTech: The critical role of adaptive IT architecture

The WealthTech landscape is undergoing constant transformation. A significant driver of this change is the influx of younger customers due to the great wealth...

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